December 2, 2022
Economy
The European Union reached a deal Friday for a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and starve President Vladimir Putin of funding for his war in Ukraine. After a last-minute flurry of negotiations, …
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November 24, 2022
Economy
Greece and Australia are negotiating an agreement to avoid double taxation. this was announced by Deputy Foreign Minister in charge for Economic Diplomacy and Openness, Kostas Fragogiannis. In an interview with the Australian expatriate newspaper “Hellenic Herald”, Fragogiannis underlined the great potential for strengthening cooperation with Australia and the great …
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October 18, 2022
FEATURED, Greece, Politics
The first six German infantry fighting vehicles Marder 1A3 Armored combat Vehicles (TOMA) arrived on Monday in Greece, according to a Hellenic National Defense General Staff announcement. The first 6 out of 40 in total Marder 1A3 were delivered to Greece in the context of an agreement with Germany, a …
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May 31, 2022
FEATURED, Greece, Politics
German Chancellor Olaf Scholz announced that during his meeting with Greek Prime Minister Kyriakos Mitsotakis they had agreed that Germany will supply Greece with tanks, so that Greece can send its weapons to Ukraine. Scholz and Mitsotakis met on the sidelines of the extraordinary EU summit in Brussels on Tuesday. …
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October 25, 2021
FEATURED, Greece, Politics
Foreign Minister Nikos Dendias and Foreign Secretary Elizabeth Truss signed a Memorandum of Understanding (MoU) on Strategic Bilateral Framework between Greece and the United Kingdom in London on Monday. No details of the MoU were given to the press other than the signed agreement enables individual agreements to be reached …
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September 30, 2021
FEATURED, Tourism, Travel
The European Commission has reached a deal with airlines to provide EU consumers guaranteed timely refunds on canceled flights. The EU commission announced said quick cancellation refunds were in line with EU law Several airline companies agreed on Wednesday to reimburse passengers in Europe for canceled flights within seven days, …
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September 29, 2021
FEATURED, Politics, World
The US welcomes Greece’s continuous efforts to upgrade its defence capabilities and the fact that that it is fulfilling its NATO commitments for the planned defence spending, the US State Department noted following the new defence agreement signed with France. “The US and Greece enjoy a robust defence relationship rooted …
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April 13, 2021
FEATURED, Greece, Politics
During his visit to Libya, Foreign Minister Nikos Dendias raised the issue of maritime border demarcation saying that the memorandum signed between Turkey and the previous Libyan government was “illegal.” He implied that the two countries may proceed with delineation of mutual maritime borders in the Mediterranean Sea. And he …
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January 5, 2021
FEATURED, Greece, Politics
The completion of the agreement for the creation and operation of an Air Force School (training centre) for the Greek Air Force, to be signed by Israel and Greece, worth 1.68 billion dollars for 20 years, was announced by the Israeli embassy in Greece on Tuesday. The agreement includes the …
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August 20, 2020
Greece, Politics
Τhe Greek Parliament debate on the ratification of the agreements with Egypt and Italy on the demarcation of the sea boundaries will start on Monday, August 24, government spokesman Stelios Petsas announced on Thursday. The texts of the two agreements were submitted to the Parliament earlier today. The relevant vote …
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August 6, 2020
FEATURED, Greece, Politics
Greece and Egypt have signed an agreement for the delimitation of the Exclusive Economic Zone (EEZ) between the two countries in the Eastern Mediterranean Sea. The agreement was signed by Greek Foreign Minister Nikos Dendias and his Egypt counterpart Sameh Shoukry in Cairo on Thursday afternoon. Unofficial map as posted …
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June 30, 2020
Greece
Greece and British-German multinational travel company UI signed a strategic agreement on Tuesday with the commitment to support the Greek tourism. Tourism Minister Haris Theoharis and chief executive of TUI Group Sebastian Ebel signed the agreement on the island of Kos, where the first international flight, a special TUI flight …
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June 25, 2020
FEATURED, Very Mix
The U.S. Department of Justice said on Thursday that Novartis Hellas, a Greece-based unit of the Swiss drugmaker, entered a deferred prosecution agreement and will pay a $225 million criminal fine. Novartis will also pay $112.8 million to settle related civil charges by the U.S. Securities and Exchange Commission. Novartis …
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June 9, 2020
FEATURED, Greece, Politics
Greece and Italy signed an agreement on the delimitation of maritime zones between the two countries on Tuesday. Greek Foreign Minister Nikos Dendias and his ITalian counterpart Luigi DiMaio put their signatures on the historic agreement for the delimitation of the Exclusive Economic Zone (EEZ). TI si the first EEZ …
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April 10, 2020
Economy
European Union finance ministers agreed late on Thursday on a 540-billion-euro package of measures to combat the economic fallout of the coronavirus pandemic. “Today we agreed on three safety nets and a plan for the recovery to ensure we grow together and not apart once the crisis is behind us,” …
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February 16, 2020
Turkey-GR
United Nations’ Division for Ocean Affairs will post the geographical coordinates outlined in the maritime border agreement signed by Turkey and Libya in November 2019. Including the memorandum’s sea zone maps in the UN’s database is expected to give them an official character. Athens is concerned, however, it tries to …
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January 15, 2020
Greece, Politics
With a good portion of delay, the US State Department finally took position on the Turkey-Libya Agreement and Ankara’s Claims that the Greek islands have neither Exclusive Economic Zone and continental shelf. The agreement on maritime boundaries in the Mediterranean Sea signed by Turkey and the Tripoli-based Government of National …
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January 9, 2020
Greece, Politics
The Foreign Ministers of Egypt, France, Cyprus, Greece and Italy met in Cairo on Wednesday to discuss latest regional developments and the situation in East Mediterranean Sea. the five foreign Ministers issued a communique in which they condemned the Turkey-Libya Agreement. A day earlier, EU’s foreign policy chief and the …
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December 12, 2019
Turkey-GR
“Turkey has applied to United Nations to register the agreement signed with Libya that sets the countries’ maritime boundaries in the Eastern Mediterranean,” Anadolu news agency reported on Thursday. Citing diplomatic sources, Anadolu said Ankara applied to the UN to register the memorandum on Wednesday. A Foreign Ministry official confirmed …
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December 10, 2019
World
“I have orders to sink as many Turkish ship arrive in Libya,” Admiral Faraz Al-Mahdawi told Greek media on Monday. Al-Mahdawi is the chief of the Libyan fleet under General Khalifa Haftar of the Libyan National Army. “I have an order, if the Turkish research vessels come, to sink them. …
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